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Fortinet, Inc. (FTNT) [hlAlert]


Fortinet, Inc. (FTNT) rated Hold with price target $44 by Deutsche Bank

Posted on: Thursday,  Apr 28, 2011  1:25 PM ET by Deutsche Bank

Deutsche Bank rated Hold Fortinet, Inc. (NASDAQ: FTNT) on 04/28/2011. Previously Deutsche Bank rated Buy Fortinet, Inc. (NASDAQ: FTNT) on 10/22/2010.,
when the stock price was $14.69. Since then, Fortinet, Inc. has gained 21.95% as of 01/19/2011's recent price of $17.92.
If you would have followed the previous Deutsche Bank's recommendation on FTNT, you would have gained 21.95% of your investment in 89 days.

Fortinet, Inc. (Fortinet) is a provider of network security appliances and Unified Threat Management (UTM) network security solutions to enterprises, service providers and government entities globally. Fortinet?s solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking, antivirus, intrusion prevention, Web filtering, antispam and wide area network (WAN) acceleration. The FortiGate appliances, from the FortiGate-50 for small businesses and branch offices to the FortiGate-5000 series for large enterprises and service providers, are based on technology platform. The platform includes the FortiASICs, which are specifically designed for accelerated processing of security and networking functions, and the FortiOS operating system, which provides the foundation for the security functions.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/26/2016 2:25 PM Hold
27.03 34.00
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD up  10.75 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/28/2011 1:25 PM Hold
24.17 22.00
1/19/2011 2:25 PM Hold
17.92 20.00
10/22/2010 1:25 PM Buy
14.69 16.00
7/23/2010 1:25 PM Buy
8.88 12.00
12/28/2009 8:25 AM Buy
9.29 10.00

(*) Stock Price at the time of the recommendation.
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